eAutoclaims Announces Fee-Based Pricing Option
15 12월 2006 - 1:29AM
PR Newswire (US)
OLDSMAR, Fla., Dec. 14 /PRNewswire-FirstCall/ -- eAutoclaims
(OTC:EACC) (BULLETIN BOARD: EACC) announced today a new pricing
option for the Managed Collision Repair Service and Independent
Appraiser Network. The new pricing model offers clients the option
of receiving services on a flat fee basis instead of eAutoclaims'
traditional shared discount pricing from the company's Guaranteed
Repair Network (GRN) shops that discount their repair work. The new
option directly applies voluntary shop discounts to repair costs
offered by the eAutoclaims' national network of repair shops. The
new model will include flat rate pricing for use of Independent
Appraisers participating in the eAutoclaims Appraisal Assignment
Network (AAN). The flat rate is determined by the services included
and volume contribution. The pricing for use of the GRN (Guaranteed
Repair Network) and IA (Independent Appraiser) networks ranges from
$85 to $120 per assignment. "Several new prospective clients have
expressed interest in this alternative pricing model that combines
both our Guaranteed Repair Network (GRN) of shops as well as
flat-rate pricing for IA's. The new offering will allow carriers
who prefer this pricing model access to a network of over 2,700
repair facilities certified to participate in the GRN and over
1,500 IA's participating in the AAN network, the new option opens
our market to many additional insurance companies," stated Eric
Seidel, President & CEO. "We do not expect this option to have
any impact on the overall cost savings derived from using the
traditional Managed Collision Repair program although the model
encourages market competition from and for our shops & clients.
The pricing model is similar to what is being used by the larger
direct writers. eAutoclaims is in a unique position to offer our
clients both pricing options for the managed repair program as well
as the flat-rate pricing from our IA partners." About eAutoclaims
eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) is a business
services company that provides the insurance industry with claims
management services through both ASP and integrated outsourcing
solutions. The Company's clients are insurance companies, fleet
management companies and insurance services companies. eAutoclaims'
solutions streamline the claims handling process, decreasing the
overall time and cost required to process a collision claim, and
reducing average paid losses for its clients. The Company handles
repair estimates, repair audits, and claims systems administration
services for automobile claims that are processed and tracked via
the eAutoclaims web-based platform and network of service
providers. This announcement contains forward-looking statements.
Words such as anticipate, believe, estimate, satisfies, expect and
other similar expressions as they relate to the Company and its
management are intended to identify such forward-looking
statements. Although the Company and its management believe that
the statements contained in this announcement are reasonable, it
can give no assurances that such statements will prove correct.
Factors that could affect the occurrence of events or results
discussed herein are included with those mentioned in the Company's
filings with the Securities and Exchange Commission. DATASOURCE:
eAutoclaims CONTACT: Eric Seidel, CEO of eAutoclaims,
+1-813-749-1020, Ext.2204, or ; or Investors, Mark McPartland of
Alliance Advisors, LLC, +1-910-297-6442, or Web site:
http://www.eautoclaims.com/
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